0001144204-11-068687.txt : 20111207 0001144204-11-068687.hdr.sgml : 20111207 20111207121013 ACCESSION NUMBER: 0001144204-11-068687 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20111207 DATE AS OF CHANGE: 20111207 GROUP MEMBERS: ARTHUR COHEN GROUP MEMBERS: HEALTHCOR ASSOCIATES, LLC GROUP MEMBERS: HEALTHCOR CAPITAL, L.P. GROUP MEMBERS: HEALTHCOR GROUP, LLC GROUP MEMBERS: HEALTHCOR HYBRID OFFSHORE GP, LLC GROUP MEMBERS: HEALTHCOR HYBRID OFFSHORE MASTER FUND, L.P. GROUP MEMBERS: HEALTHCOR OFFSHORE GP, LLC GROUP MEMBERS: HEALTHCOR OFFSHORE MASTER FUND, L.P. GROUP MEMBERS: HEALTHCOR, L.P. GROUP MEMBERS: JOSEPH HEALEY SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: CORVEL CORP CENTRAL INDEX KEY: 0000874866 STANDARD INDUSTRIAL CLASSIFICATION: INSURANCE AGENTS BROKERS & SERVICES [6411] IRS NUMBER: 330282651 STATE OF INCORPORATION: DE FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-41890 FILM NUMBER: 111247685 BUSINESS ADDRESS: STREET 1: 2010 MAIN STREE STREET 2: SUITE 1020 CITY: IRVINE STATE: CA ZIP: 92614 BUSINESS PHONE: 9498511473 MAIL ADDRESS: STREET 1: 2010 MAIN STREET STREET 2: SUITE 1020 CITY: IRVINE STATE: CA ZIP: 92614 FORMER COMPANY: FORMER CONFORMED NAME: FORTIS CORP DATE OF NAME CHANGE: 19600201 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: HealthCor Management, L.P. CENTRAL INDEX KEY: 0001343781 IRS NUMBER: 202893581 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 152 WEST 57TH STREET 43RD FLOOR CITY: NEW YORK STATE: NY ZIP: 10019 BUSINESS PHONE: 212-622-7871 MAIL ADDRESS: STREET 1: 152 WEST 57TH STREET 43RD FLOOR CITY: NEW YORK STATE: NY ZIP: 10019 SC 13G 1 v242521_sc13g.htm Unassociated Document
 

SECURITIES & EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G
(Rule 13d-102)

INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULES 13d-1(b), (c) AND (d) AND AMENDMENTS THERETO FILED
PURSUANT TO RULE 13d-2

Corvel Corporation
(Name of Issuer)

Common Stock, $.0001 Par Value Per Share
(Title of Class of Securities)

221006109
(CUSIP Number)

September 23, 2011
(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

 
¨
Rule 13d-1(b)
 
x
Rule 13d-1(c)
 
¨
Rule 13d-1(d)

(Page 1 of 18 Pages)
*The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 
 
 

CUSIP No. 221006109
13G
Page 2 of 18 Pages
 
 
(1)
NAMES OF REPORTING PERSONS
    
   
HealthCor Management, L.P.
    
         
         
 
(2)
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
    
   
(see instructions)
    
     
(a)
x
     
(b)
¨
         
 
(3)
SEC USE ONLY
    
         
 
(4)
CITIZENSHIP OR PLACE OF ORGANIZATION
    
   
Delaware
    

NUMBER OF
(5)
SOLE VOTING POWER
   
0
     
SHARES
    
     
BENEFICIALLY
(6)
SHARED VOTING POWER
   
633,122
OWNED BY
    
     
EACH
(7)
SOLE DISPOSITIVE POWER
   
0
REPORTING
    
     
PERSON WITH
(8)
SHARED DISPOSITIVE POWER
   
633,122

 
(9)
AGGREGATE AMOUNT BENEFICIALLY OWNED
  
   
BY EACH REPORTING PERSON
  
   
633,122
  
       
 
(10)
CHECK BOX IF THE AGGREGATE AMOUNT
  
   
IN ROW (9) EXCLUDES CERTAIN SHARES(see instructions)
¨
       
 
(11)
PERCENT OF CLASS REPRESENTED
  
   
BY AMOUNT IN ROW (9)
  
   
5.54%
  
       
 
(12)
TYPE OF REPORTING PERSON (see instructions)
  
   
PN
  
       

 
 
 

CUSIP No. 221006109
13G
Page 3 of 18 Pages
 
 
(1)
NAMES OF REPORTING PERSONS
    
   
HealthCor Associates, LLC
    
         
         
 
(2)
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
    
   
(see instructions)
    
     
(a)
x
     
(b)
¨
         
 
(3)
SEC USE ONLY
    
         
 
(4)
CITIZENSHIP OR PLACE OF ORGANIZATION
    
   
Delaware
    

NUMBER OF
(5)
SOLE VOTING POWER
   
0
     
SHARES
    
     
BENEFICIALLY
(6)
SHARED VOTING POWER
   
633,122
OWNED BY
    
     
EACH
(7)
SOLE DISPOSITIVE POWER
   
0
REPORTING
    
     
PERSON WITH
(8)
SHARED DISPOSITIVE POWER
   
633,122

 
(9)
AGGREGATE AMOUNT BENEFICIALLY OWNED
  
   
BY EACH REPORTING PERSON
  
   
633,122
  
       
 
(10)
CHECK BOX IF THE AGGREGATE AMOUNT
  
   
IN ROW (9) EXCLUDES CERTAIN SHARES(see instructions)
¨
       
 
(11)
PERCENT OF CLASS REPRESENTED
  
   
BY AMOUNT IN ROW (9)
  
   
5.54%
  
       
 
(12)
TYPE OF REPORTING PERSON (see instructions)
  
   
OO - limited liability company
  
       

 
 
 

CUSIP No. 221006109
13G
Page 4 of 18 Pages
 
 
(1)
NAMES OF REPORTING PERSONS
    
   
HealthCor Offshore Master Fund, L.P.
    
         
         
 
(2)
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions)
    
     
(a)
x
     
(b)
¨
         
 
(3)
SEC USE ONLY
    
         
 
(4)
CITIZENSHIP OR PLACE OF ORGANIZATION
    
   
Cayman Islands
    

NUMBER OF
(5)
SOLE VOTING POWER
   
0
     
SHARES
    
     
BENEFICIALLY
(6)
SHARED VOTING POWER
   
410,521
OWNED BY
    
     
EACH
(7)
SOLE DISPOSITIVE POWER
   
0
REPORTING
    
     
PERSON WITH
(8)
SHARED DISPOSITIVE POWER
   
410,521

 
(9)
AGGREGATE AMOUNT BENEFICIALLY OWNED
  
   
BY EACH REPORTING PERSON
  
   
410,521
  
       
 
(10)
CHECK BOX IF THE AGGREGATE AMOUNT
  
   
IN ROW (9) EXCLUDES CERTAIN SHARES (see instructions)
¨
       
 
(11)
PERCENT OF CLASS REPRESENTED
  
   
BY AMOUNT IN ROW (9)
  
   
3.59%
  
       
 
(12)
TYPE OF REPORTING PERSON (see instructions)
  
   
PN
  
       

 
 
 

CUSIP No. 221006109
13G
Page 5 of 18 Pages
 
 
(1)
NAMES OF REPORTING PERSONS
    
   
HealthCor Offshore GP, LLC
    
         
         
 
(2)
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions)
    
     
(a)
x
     
(b)
¨
         
 
(3)
SEC USE ONLY
    
         
 
(4)
CITIZENSHIP OR PLACE OF ORGANIZATION
    
   
Delaware
    

NUMBER OF
(5)
SOLE VOTING POWER
   
0
     
SHARES
    
     
BENEFICIALLY
(6)
SHARED VOTING POWER
   
410,521
OWNED BY
    
     
EACH
(7)
SOLE DISPOSITIVE POWER
   
0
REPORTING
    
     
PERSON WITH
(8)
SHARED DISPOSITIVE POWER
   
410,521

 
(9)
AGGREGATE AMOUNT BENEFICIALLY OWNED
  
   
BY EACH REPORTING PERSON
  
   
410,521
  
       
 
(10)
CHECK BOX IF THE AGGREGATE AMOUNT
  
   
IN ROW (9) EXCLUDES CERTAIN SHARES (see instructions)
¨
       
 
(11)
PERCENT OF CLASS REPRESENTED
  
   
BY AMOUNT IN ROW (9)
  
   
3.59%
  
       
 
(12)
TYPE OF REPORTING PERSON (see instructions)
  
   
OO – limited liability company
  
       

 
 
 

CUSIP No. 221006109
13G
Page 6 of 18 Pages
 
 
(1)
NAMES OF REPORTING PERSONS
    
   
HealthCor Hybrid Offshore Master Fund, L.P.
    
         
         
 
(2)
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions)
    
     
(a)
x
     
(b)
¨
         
 
(3)
SEC USE ONLY
    
         
 
(4)
CITIZENSHIP OR PLACE OF ORGANIZATION
    
   
Cayman Islands
    

NUMBER OF
(5)
SOLE VOTING POWER
   
0
     
SHARES
    
     
BENEFICIALLY
(6)
SHARED VOTING POWER
   
60,067
OWNED BY
    
     
EACH
(7)
SOLE DISPOSITIVE POWER
   
0
REPORTING
    
     
PERSON WITH
(8)
SHARED DISPOSITIVE POWER
   
60,067

 
(9)
AGGREGATE AMOUNT BENEFICIALLY OWNED
  
   
BY EACH REPORTING PERSON
  
   
60,067
  
       
 
(10)
CHECK BOX IF THE AGGREGATE AMOUNT
  
   
IN ROW (9) EXCLUDES CERTAIN SHARES (see instructions)
¨
       
 
(11)
PERCENT OF CLASS REPRESENTED
  
   
BY AMOUNT IN ROW (9)
  
   
0.53%
  
       
 
(12)
TYPE OF REPORTING PERSON (see instructions)
  
   
PN
  
       

 
 
 

CUSIP No. 221006109
13G
Page 7 of 18 Pages
 
 
(1)
NAMES OF REPORTING PERSONS
    
   
HealthCor Hybrid Offshore GP, LLC
    
         
         
 
(2)
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions)
    
     
(a)
x
     
(b)
¨
         
 
(3)
SEC USE ONLY
    
         
 
(4)
CITIZENSHIP OR PLACE OF ORGANIZATION
    
   
Delaware
    

NUMBER OF
(5)
SOLE VOTING POWER
   
0
     
SHARES
    
     
BENEFICIALLY
(6)
SHARED VOTING POWER
   
60,067
OWNED BY
    
     
EACH
(7)
SOLE DISPOSITIVE POWER
   
0
REPORTING
    
     
PERSON WITH
(8)
SHARED DISPOSITIVE POWER
   
60,067

 
(9)
AGGREGATE AMOUNT BENEFICIALLY OWNED
  
   
BY EACH REPORTING PERSON
  
   
60,067
  
       
 
(10)
CHECK BOX IF THE AGGREGATE AMOUNT
  
   
IN ROW (9) EXCLUDES CERTAIN SHARES (see instructions)
¨
       
 
(11)
PERCENT OF CLASS REPRESENTED
  
   
BY AMOUNT IN ROW (9)
  
   
0.53%
  
       
 
(12)
TYPE OF REPORTING PERSON (see instructions)
  
   
OO - limited liability company
  
       

 
 
 

CUSIP No. 221006109
13G
Page 8 of 18 Pages
 
 
(1)
NAMES OF REPORTING PERSONS
    
   
HealthCor Group, LLC
    
         
         
 
(2)
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions)
    
     
(a)
x
     
(b)
¨
         
 
(3)
SEC USE ONLY
    
         
 
(4)
CITIZENSHIP OR PLACE OF ORGANIZATION
    
   
Delaware
    

NUMBER OF
(5)
SOLE VOTING POWER
   
0
     
SHARES
    
     
BENEFICIALLY
(6)
SHARED VOTING POWER
   
633,122
OWNED BY
    
     
EACH
(7)
SOLE DISPOSITIVE POWER
   
0
REPORTING
    
     
PERSON WITH
(8)
SHARED DISPOSITIVE POWER
   
633,122

 
(9)
AGGREGATE AMOUNT BENEFICIALLY OWNED
  
   
BY EACH REPORTING PERSON
  
   
633,122
  
       
 
(10)
CHECK BOX IF THE AGGREGATE AMOUNT
  
   
IN ROW (9) EXCLUDES CERTAIN SHARES (see instructions)
¨
       
 
(11)
PERCENT OF CLASS REPRESENTED
  
   
BY AMOUNT IN ROW (9)
  
   
5.54%
  
       
 
(12)
TYPE OF REPORTING PERSON (see instructions)
  
   
OO - limited liability company
  
       

 
 
 
 
CUSIP No. 221006109
13G
Page 9 of 18 Pages
 
 
(1)
NAMES OF REPORTING PERSONS
    
   
HealthCor Capital, L.P.
    
         
         
 
(2)
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions)
    
     
(a)
x
     
(b)
¨
         
 
(3)
SEC USE ONLY
    
         
 
(4)
CITIZENSHIP OR PLACE OF ORGANIZATION
    
   
Delaware
    

NUMBER OF
(5)
SOLE VOTING POWER
   
0
     
SHARES
    
     
BENEFICIALLY
(6)
SHARED VOTING POWER
   
162,534
OWNED BY
    
     
EACH
(7)
SOLE DISPOSITIVE POWER
   
0
REPORTING
    
     
PERSON WITH
(8)
SHARED DISPOSITIVE POWER
   
162,534

 
(9)
AGGREGATE AMOUNT BENEFICIALLY OWNED
  
   
BY EACH REPORTING PERSON
  
   
162,534
  
       
 
(10)
CHECK BOX IF THE AGGREGATE AMOUNT
  
   
IN ROW (9) EXCLUDES CERTAIN SHARES (see instructions)
¨
       
 
(11)
PERCENT OF CLASS REPRESENTED
  
   
BY AMOUNT IN ROW (9)
  
   
1.42%
  
       
 
(12)
TYPE OF REPORTING PERSON (see instructions)
  
   
PN
  
       

 
 
 
 
CUSIP No. 221006109
13G
Page 10 of 18 Pages
 
 
(1)
NAMES OF REPORTING PERSONS
    
   
HealthCor, L.P.
    
         
         
 
(2)
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions)
    
     
(a)
x
     
(b)
¨
         
 
(3)
SEC USE ONLY
    
         
 
(4)
CITIZENSHIP OR PLACE OF ORGANIZATION
    
   
Delaware
    

NUMBER OF
(5)
SOLE VOTING POWER
   
0
     
SHARES
    
     
BENEFICIALLY
(6)
SHARED VOTING POWER
   
162,534
OWNED BY
    
     
EACH
(7)
SOLE DISPOSITIVE POWER
   
0
REPORTING
    
     
PERSON WITH
(8)
SHARED DISPOSITIVE POWER
   
162,534

 
(9)
AGGREGATE AMOUNT BENEFICIALLY OWNED
  
   
BY EACH REPORTING PERSON
  
   
162,534
  
       
 
(10)
CHECK BOX IF THE AGGREGATE AMOUNT
  
   
IN ROW (9) EXCLUDES CERTAIN SHARES (see instructions)
¨
       
 
(11)
PERCENT OF CLASS REPRESENTED
  
   
BY AMOUNT IN ROW (9)
  
   
1.42%
  
       
 
(12)
TYPE OF REPORTING PERSON (see instructions)
  
   
PN
  
       
 
 
 
 
 
CUSIP No. 221006109
13G
Page 11 of 18 Pages
 
 
(1)
NAMES OF REPORTING PERSONS
    
   
Arthur Cohen
    
         
         
 
(2)
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions)
    
     
(a)
x
     
(b)
¨
         
 
(3)
SEC USE ONLY
    
         
 
(4)
CITIZENSHIP OR PLACE OF ORGANIZATION
    
   
United States
    

NUMBER OF
(5)
SOLE VOTING POWER
   
0
     
SHARES
    
     
BENEFICIALLY
(6)
SHARED VOTING POWER
   
633,122
OWNED BY
    
     
EACH
(7)
SOLE DISPOSITIVE POWER
   
0
REPORTING
    
     
PERSON WITH
(8)
SHARED DISPOSITIVE POWER
   
633,122

 
(9)
AGGREGATE AMOUNT BENEFICIALLY OWNED
  
   
BY EACH REPORTING PERSON
  
   
633,122
  
       
 
(10)
CHECK BOX IF THE AGGREGATE AMOUNT
  
   
IN ROW (9) EXCLUDES CERTAIN SHARES (see instructions)
¨
       
 
(11)
PERCENT OF CLASS REPRESENTED
  
   
BY AMOUNT IN ROW (9)
  
   
5.54%
  
       
 
(12)
TYPE OF REPORTING PERSON (see instructions)
  
   
IN
  
       

 
 
 
 
CUSIP No. 221006109
13G
Page 12 of 18 Pages
 
 
(1)
NAMES OF REPORTING PERSONS
    
   
Joseph Healey
    
         
         
 
(2)
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions)
    
     
(a)
x
     
(b)
¨
         
 
(3)
SEC USE ONLY
    
         
 
(4)
CITIZENSHIP OR PLACE OF ORGANIZATION
    
   
United States
    

NUMBER OF
(5)
SOLE VOTING POWER
   
0
     
SHARES
    
     
BENEFICIALLY
(6)
SHARED VOTING POWER
   
633,122
OWNED BY
    
     
EACH
(7)
SOLE DISPOSITIVE POWER
   
0
REPORTING
    
     
PERSON WITH
(8)
SHARED DISPOSITIVE POWER
   
633,122

 
(9)
AGGREGATE AMOUNT BENEFICIALLY OWNED
  
   
BY EACH REPORTING PERSON
  
   
633,122
  
       
 
(10)
CHECK BOX IF THE AGGREGATE AMOUNT
  
   
IN ROW (9) EXCLUDES CERTAIN SHARES (see instructions)
¨
       
 
(11)
PERCENT OF CLASS REPRESENTED
  
   
BY AMOUNT IN ROW (9)
  
   
5.54%
  
       
 
(12)
TYPE OF REPORTING PERSON (see instructions)
  
   
IN
  
       
 
 
 
 
 
CUSIP No. 221006109
13G
Page 13 of 18 Pages
 
Item 1(a).
Name of Issuer:
 
Corvel Corporation

Item 1(b).
Address of Issuer's Principal Executive Offices:
 
2010 Main Street, Suite 600, Irvine, CA   92614

Item 2(a, b, c).
Name of Person Filing:

(i) HealthCor Management, L.P., a Delaware limited partnership; Carnegie Hall Tower, 152 West 57th Street, 43rd Floor, New York, New York 10019;

(ii) HealthCor Associates, LLC, a Delaware limited liability company, Carnegie Hall Tower, 152 West 57th Street, 43rd Floor, New York, New York 10019;

(iii) HealthCor Offshore Master Fund, L.P., a Cayman Islands limited partnership, Carnegie Hall Tower, 152 West 57th Street, 43rd Floor, New York, New York 10019;

(iv) HealthCor Offshore GP, LLC, a Delaware limited liability company, Carnegie Hall Tower, 152 West 57th Street, 43rd Floor, New York, New York 10019;

(v) HealthCor Hybrid Offshore Master Fund, L.P., a Cayman Islands limited partnership, Carnegie Hall Tower, 152 West 57th Street, 43rd Floor, New York, New York 10019;

(vi) HealthCor Hybrid Offshore GP, LLC, a Delaware limited liability company, Carnegie Hall Tower, 152 West 57th Street, 43rd Floor, New York, New York 10019;

(vii) HealthCor Group, LLC, a Delaware limited liability company, Carnegie Hall Tower, 152 West 57th Street, 43rd Floor, New York, New York 10019;

(viii) HealthCor Capital, L.P., a Delaware limited partnership, Carnegie Hall Tower, 152 West 57th Street, 43rd Floor, New York, New York 10019;

(ix) HealthCor, L.P., a Delaware limited partnership, Carnegie Hall Tower, 152 West 57th Street, 43rd Floor, New York, New York 10019;

 
 
 
 
CUSIP No. 221006109
13G
Page 14 of 18 Pages

(x)  Joseph Healey; Carnegie Hall Tower, 152 West 57th Street, 43rd Floor, New York, New York 10019; and

(xi) Arthur Cohen, 12 South Main Street, #203 Norwalk, Ct 06854.

Both Mr. Healey and Mr. Cohen are United States citizens.

The persons at (i) through (xi) above are collectively referred to herein as the "Reporting Persons".

Item 2(d).
Title of Class of Securities: Common Stock, $.0001 Par Value Per Share(the "Common Stock")

Item 2(e).
CUSIP Number:  221006109

Item 3.
Not applicable.

Item 4
Ownership.

The information required by Items 4(a) - (c) is set forth in Rows 5 - 11 of the cover page for each Reporting Person hereto and is incorporated herein by reference for each such Reporting Person.

Collectively, HealthCor, L.P., HealthCor Offshore Master Fund, L.P. and HealthCor Hybrid Offshore Master Fund, L.P. (each a "Fund" and together, the "Funds") are the beneficial owners of a total of 633,122 shares of the Common Stock of the Issuer.

HealthCor Offshore GP, LLC is the general partner of HealthCor Offshore Master Fund, L.P.  Accordingly, HealthCor Offshore GP, LLC may be deemed to beneficially own the shares of Common Stock that are beneficially owned by HealthCor Offshore Master Fund, L.P.  HealthCor Group, LLC is the general partner of HealthCor Offshore GP, LLC and, therefore, may be deemed to beneficially own the shares of Common Stock that are beneficially owned by HealthCor Offshore Master Fund, L.P.

HealthCor Hybrid Offshore GP, LLC is the general partner of HealthCor Hybrid Offshore Master Fund, L.P.  Accordingly, HealthCor Hybrid Offshore GP, LLC may be deemed to beneficially own the shares of Common Stock that are beneficially owned by HealthCor Hybrid Offshore Master Fund, L.P.  HealthCor Group, LLC is the general partner of HealthCor Hybrid Offshore GP, LLC and, therefore, may be deemed to beneficially own the shares of Common Stock that are beneficially owned by HealthCor Hybrid Offshore Master Fund, L.P.

 
 
 
 
CUSIP No. 221006109
13G
Page 15 of 18 Pages

By virtue of its position as the investment manager of the Funds, HealthCor Management, L.P. may be deemed a beneficial owner of all the shares of Common Stock owned by the Funds.  HealthCor Associates, LLC is the general partner of HealthCor Management, L.P. and thus may also be deemed to beneficially own the shares of Common Stock that are beneficially owned by the Funds.

HealthCor Group LLC is the general partner of HealthCor Capital, L.P., which is in turn the general partner of HealthCor, L.P.  Accordingly, each of HealthCor Capital L.P. and HealthCor Group, LLC may be deemed to beneficially own the shares of Common Stock that are beneficially owned by HealthCor, L.P.

As the Managers of HealthCor Associates, LLC, Arthur Cohen and Joseph Healey exercise both voting and investment power with respect to the shares of Common Stock reported herein, and therefore each may be deemed a beneficial owner of such Common Stock.

Each of the Reporting Persons hereby disclaims any beneficial ownership of any such Shares in excess of their actual pecuniary interest therein.

Item 5.
Ownership of Five Percent or Less of a Class:

If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following [ ].

Item 6.
Ownership of More than Five Percent on Behalf of Another Person.
Not Applicable

Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company.
Not Applicable

Item 8.
Identification and Classification of Members of the Group.
See Exhibit 1

Item 9.
Notice of Dissolution of Group.
Not Applicable

 
 
 
 
CUSIP No. 221006109
13G
Page 16 of 18 Pages

Item 10.
Certification.

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

Exhibits:

Exhibit I: Joint Acquisition Statement, dated as of December 7, 2011.

 
 
 
 
CUSIP No. 221006109
13G
Page 17 of 18 Pages

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

DATED:  December 7, 2011

 
HEALTHCOR MANAGEMENT, L.P.
       
   
By: HealthCor Associates, LLC, its general partner
       
   
By: /s/ John H. Coghlin
  
   
Name: John H. Coghlin
  
   
Title: General Counsel
  
       
 
HEALTHCOR CAPITAL, L.P., for itself and as general partner on behalf of HEALTHCOR L.P.
       
   
By: HealthCor Group, LLC, its general partner
       
   
By: /s/ John H. Coghlin
  
   
Name: John H. Coghlin
  
   
Title: General Counsel
  
       
 
HEALTHCOR OFFSHORE GP, LLC, for itself and as general partner of behalf of HEALTHCOR OFFSHORE MASTER FUND, L.P.
       
   
By: HealthCor Group, LLC, its general partner
       
   
By: /s/ John H. Coghlin
  
   
Name:  John H. Coghlin
  
   
Title:  General Counsel
  
       
 
HEALTHCOR HYBRID OFFSHORE GP, LLC, for itself and as general partner of behalf of HEALTHCOR HYBRID OFFSHORE MASTER FUND, L.P.
       
   
By: HealthCor Group, LLC, its general partner
       
   
By: /s/ John H. Coghlin
  
   
Name:  John H. Coghlin
  
   
Title:  General Counsel
  
       
 
HEALTHCOR ASSOCIATES, LLC
  
       
   
By: /s/ John H. Coghlin
  
   
Name: John H. Coghlin
  
   
Title: General Counsel
  

 
 
 
 
CUSIP No. 221006109
13G
Page 18 of 18 Pages

 
HEALTHCOR GROUP, LLC
  
       
   
By: /s/ John H. Coghlin
  
   
Name: John H. Coghlin
  
   
Title: General Counsel
  
       
 
 JOSEPH HEALEY, Individually
  
       
   
/s/ Joseph Healey
  
       
 
ARTHUR COHEN, Individually
  
       
   
/s/ Arthur Cohen
  

 
 
 

EXHIBIT 1

JOINT ACQUISITION STATEMENT PURSUANT TO RULE 13d-1(k)

The undersigned acknowledge and agree that the foregoing statement on Schedule 13G is filed on behalf of each of the undersigned and that all subsequent amendments to this statement on Schedule 13G shall be filed on behalf of each of the undersigned without the necessity of filing additional joint acquisition statements.  The undersigned acknowledge that each shall be responsible for the completeness and accuracy of the information concerning the others, except to the extent that he or it knows or has reason to believe that such information is inaccurate.

Dated:
December 7, 2011
  
       
 
HEALTHCOR MANAGEMENT, L.P.
  
       
   
By: HealthCor Associates, LLC, its general partner
       
   
By: /s/ John H. Coghlin
  
   
Name: John H. Coghlin
  
   
Title: General Counsel
  
       
 
HEALTHCOR CAPITAL, L.P., for itself and as general partner on behalf of HEALTHCOR L.P.
       
   
By: HealthCor Group, LLC, its general partner
       
   
By: /s/ John H. Coghlin
  
   
Name: John H. Coghlin
  
   
Title: General Counsel
  
       
 
HEALTHCOR OFFSHORE GP, LLC, for itself and as general partner of behalf of HEALTHCOR OFFSHORE MASTER FUND, L.P.
       
   
By: HealthCor Group, LLC, its general partner
  
       
   
By: /s/ John H. Coghlin
  
   
Name:  John H. Coghlin
  
   
Title:  General Counsel
  
       
 
HEALTHCOR HYBRID OFFSHORE GP, LLC, for itself and as general partner of behalf of HEALTHCOR HYBRID OFFSHORE MASTER FUND, L.P.
       
   
By: HealthCor Group, LLC, its general partner
  
       
   
By: /s/ John H. Coghlin
  
   
Name:  John H. Coghlin
  
   
Title:  General Counsel
  

 
 
 

 
HEALTHCOR ASSOCIATES, LLC
  
       
   
By: /s/ John H. Coghlin
  
   
Name: John H. Coghlin
  
   
Title: General Counsel
  
       
 
HEALTHCOR GROUP, LLC
  
       
   
By: /s/ John H. Coghlin
  
   
Name: John H. Coghlin
  
   
Title: General Counsel
  
       
 
JOSEPH HEALEY, Individually
  
       
   
/s/ Joseph Healey
  
       
 
ARTHUR COHEN, Individually
  
       
   
/s/ Arthur Cohen